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Car Sales Data

May 2020 New Car Sales Review - Part 1

After what was a dismal slump in new car sales during April, expectations were still firmly in check for May amid the ongoing impact of COVID-19. Although consumer sentiment has improved marginally across many sectors, and in fact new car buying interest has certainly ramped up, it is still proving to be a challenging market to say the least. That’s because prospective new car buyers have been keeping their wa...

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April 2020 New Car Sales Review - Part 1

With COVID-19 lockdowns across the country all but diminishing new car buying sentiment, April marked the single most challenging month for the car industry in several decades. The impact of COVID-19 has had a profound impact on the industry, despite the fact dealerships were granted exemptions to operate as essential services. Nonetheless, while the headline figures were disastrous, the local market still fared mu...

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March 2020 New Car Sales Review - Part 1

Amid what was always expected to be a tough month for new car sales, the industry was hit by an abrupt slow-down, however, there were a couple of positive notes that emanated from the results. With the Coronavirus effectively changing our day to day lives, forcing more and more Australians to take shelter at home, car buying activity fell down the list of essential activities for many. March is traditionally a stro...

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February 2020 New Car Sales Review - Part 1

The new car industry has already been battling a series of headwinds, both of local and international nature, however, the latter part of February introduced a new macro risk to not only Australia, but the wider world. The Coronavirus pandemic has escalated into an unprecedented health crisis, and while its effect wasn’t particularly felt on the new car sales results from February, the months ahead will be cha...

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January 2020 New Car Sales Review - Part 1

After a dour 2019, the new car industry entered the year with no signs of any momentum. That was only compounded by a series of further headwinds, both locally and internationally, which quelled any chance that the market might recover. The Chief Executive of the Federal Chamber of Automotive Industries (FCAI) gave an insight into how expectations have all but faded, noting, “given the broad range of environme...

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